Susquehanna International Group Portfolio holdings
Susquehanna International Group (SIG), founded in 1987 by Jeff Yass and a group of friends, is a privately held global quantitative trading and technology firm headquartered in Bala Cynwyd, Pennsylvania. Specializing in trading equities, fixed income, commodities, derivatives, and ETFs, SIG has grown into a major market maker, handling around 600 equity options and 45 index options across exchanges like the CBOE, while employing over 3,000 people worldwide. The firm leverages a data-driven, probabilistic approach—rooted in the founders’ poker-playing days—to provide liquidity and competitive pricing in financial markets, with additional ventures in private equity, venture capital (notably an early investment in ByteDance, TikTok’s parent company), and sports betting analytics. Known for its innovative culture and use of game theory, SIG operates offices across North America, Europe, Asia, and Australia, maintaining a low-profile yet influential presence in global finance.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Meta Platforms (Facebook)
META
|
+$646M |
| 2 |
Tesla
TSLA
|
+$572M |
| 3 |
Broadcom
AVGO
|
+$521M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$478M |
| 5 |
lululemon athletica
LULU
|
+$400M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.14B |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$861M |
| 3 |
Palantir
PLTR
|
+$730M |
| 4 |
iShares Bitcoin Trust
IBIT
|
+$576M |
| 5 |
NVIDIA
NVDA
|
+$443M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.74% |
| 2 | Consumer Discretionary | 0.9% |
| 3 | Financials | 0.71% |
| 4 | Communication Services | 0.62% |
| 5 | Healthcare | 0.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1976
PUT
Stride
LRN
$3.46B
| $24.9M | ﹤0.01% |
166,900
+54,700
| +49% | +$8.02M |
|
1977
PUT
FMC
FMC
$1.27B
| $24.9M | ﹤0.01% |
739,100
+164,400
| +29% | +$6.41M |
|
1978
CALL
Sempra
SRE
$56.5B
| $24.9M | ﹤0.01% |
276,200
-135,300
| -33% | -$11M |
|
|
HOLX
1979
CALL
DELISTED
Hologic
HOLX
| $24.8M | ﹤0.01% |
368,200
+249,200
| +209% | +$16.5M |
|
|
1980
CALL
Stride
LRN
$3.46B
| $24.8M | ﹤0.01% |
166,700
+43,700
| +36% | +$6.41M |
|
1981
CALL
ResMed
RMD
$32.6B
| $24.8M | ﹤0.01% |
90,700
-37,500
| -29% | -$10.2M |
|
1982
CALL
Shake Shack
SHAK
$3.02B
| $24.8M | ﹤0.01% |
265,000
-35,400
| -12% | -$4.07M |
|
1983
CALL
Urban Outfitters
URBN
$6.66B
| $24.8M | ﹤0.01% |
347,200
+125,400
| +57% | +$9.22M |
|
|
PPL
1984
PUT
PPL Corp
PPL
$27.1B
| $24.8M | ﹤0.01% |
666,600
+187,300
| +39% | +$6.73M |
|
1985
Waste Management
WM
$89.8B
| $24.8M | ﹤0.01% |
112,160
+11
| +0% | +$2.48K |
|
1986
The Ensign Group
ENSG
$10.6B
| $24.7M | ﹤0.01% |
143,046
+21,167
| +17% | +$3.37M |
|
1987
Valero Energy
VLO
$98.4B
| $24.7M | ﹤0.01% |
145,099
+40,086
| +38% | +$5.98M |
|
1988
PUT
AGNC Investment
AGNC
$13B
| $24.7M | ﹤0.01% |
2,519,500
-261,700
| -9% | -$2.54M |
|
1989
Fidelity National Information Services
FIS
$22.1B
| $24.6M | ﹤0.01% |
373,550
+292,255
| +359% | +$21.3M |
|
1990
CALL
Brookfield
BN
$107B
| $24.6M | ﹤0.01% |
538,050
+43,950
| +9% | +$1.95M |
|
1991
PUT
JPMorgan Equity Premium Income ETF
JEPI
$46.3B
| $24.5M | ﹤0.01% |
429,900
-58,100
| -12% | -$3.3M |
|
1992
Zoetis
ZTS
$30.5B
| $24.5M | ﹤0.01% |
167,416
+82,331
| +97% | +$12.4M |
|
1993
CALL
ProShares Ultra Silver
AGQ
$1.43B
| $24.5M | ﹤0.01% |
321,300
-117,900
| -27% | -$6.65M |
|
1994
CALL
Ambarella
AMBA
$3.6B
| $24.5M | ﹤0.01% |
296,400
+83,000
| +39% | +$6.03M |
|
|
ETNB
1995
PUT
DELISTED
89bio
ETNB
| $24.4M | ﹤0.01% |
1,660,900
+1,041,300
| +168% | +$10.6M |
|
1996
CALL
Bank of Montreal
BMO
$130B
| $24.4M | ﹤0.01% |
187,300
-39,600
| -17% | -$4.69M |
|
1997
JPMorgan Ultra-Short Income ETF
JPST
$40.6B
| $24.4M | ﹤0.01% |
+480,737
| New | +$24.3M |
|
|
VRNA
1998
CALL
DELISTED
Verona Pharma
VRNA
| $24.3M | ﹤0.01% |
227,800
-193,600
| -46% | -$20.2M |
|
1999
CALL
Global X Copper Miners ETF NEW
COPX
$7.98B
| $24.3M | ﹤0.01% |
406,400
+129,100
| +47% | +$6.24M |
|
2000
PUT
SharkNinja
SN
$26.1B
| $24.3M | ﹤0.01% |
235,600
-86,700
| -27% | -$9.9M |
|
Similar funds
Susquehanna International Group's Q3 2025 Portfolio in Review
As of Q3 2025, Susquehanna International Group held 14,336 positions worth $875B, up 22% from $720B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Susquehanna International Group deployed $67.5B of net new capital in Q3 2025, opening 1,794 new positions and adding to 5,240 existing holdings. Its largest new stake was BitMine Immersion Technologies: 7,689,603 shares worth $399M.
By sector, the portfolio is most concentrated in Technology at 1.7% of assets, down from 1.8% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $1.14B trimmed.
- Susquehanna International Group's largest Q3 2025 buy was BitMine Immersion Technologies: 7,689,603 shares worth $399M.
- Susquehanna International Group added most to Meta Platforms (Facebook) in Q3 2025, an estimated $646M increase.
- Susquehanna International Group's biggest Q3 2025 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.14B.
- Susquehanna International Group fully exited iShares Core MSCI Total International Stock ETF in Q3 2025, selling an estimated $123M.
- Susquehanna International Group's ten largest holdings make up 24% of its $875B portfolio in Q3 2025.
- Susquehanna International Group opened 1,794 new positions and closed 2,105 in Q3 2025.
- Susquehanna International Group's portfolio value rose 22% quarter-over-quarter to $875B.
Based on Susquehanna International Group's 13F filing for Q3 2025, filed 14 Nov 2025.